Search Results for: whistleblower
SEC Pays More Than $3 Million to Whistleblower
July 20th, 2015
The Securities and Exchange Commission announced a whistleblower award of more than $3 million to a company insider whose information helped the SEC crack a complex fraud. The multi-million dollar payout is the third highest award to date under the ...
UBS signs whistleblower deal with Brazil to avoid punishments in Forex rigging case
July 7th, 2015
Swiss bank UBS has signed a leniency agreement with Brazilian authorities to avoid punishment in the alleged rigging of the country’s currency market. Local newspaper Valor Econômico reported that UBS signed an agreement with Brazil’s antitrust watchdog, the Council ...
HSBC whistleblower claims work ‘not done yet
May 4th, 2015
Herve Falciani, a former HSBC employee who leaked information on the bank’s clients and tax situation, has told Spanish newspaper El Mundo he had knowledge of other cases and could act again, adding his “work was not done”. Mr ...
HSBC whistleblower spills Lynch evidence to Senate
February 19th, 2015
Massive drug, terrorism scandal ropes in Obama’s AG nominee The Senate Judiciary Committee on Wednesday conducted a two-hour session with HSBC whistleblower John Cruz in its investigation of attorney general nominee Loretta Lynch’s role in the Obama administration’s decision ...
US SEC gives largest-ever Whistleblower Award of more than $30M
September 23rd, 2014
The U.S. Securities and Exchange Commission, or SEC, announced Monday that it will give out the largest-ever whistleblower award to an anonymous tipster who lives outside the country. The whistleblower will receive more than $30 million for providing crucial ...
SEC gives $300,000 Whistleblower Award to Internal Auditor
September 1st, 2014
For the first time, the Securities and Exchange Commission is rewarding a corporate whistleblower whose actual job it is to blow the whistle on a company’s internal missteps. The Securities and Exchange Commission (SEC) announced that it would provide a ...
Deutsche Bank Japan, SEC Whistleblower, Italy: Compliance
June 18th, 2014
Deutsche Bank AG’s Japanese securities unit entertained officials from 45 funds that manage public pensions, according to a report obtained by Bloomberg News, signaling that the potentially illegal practice was more widespread than regulators disclosed. Deutsche Securities Inc. spent ...
GDPR is missing the point, says Edward Snowden
November 14th, 2019
Europe’s data protection legislation is still missing the point and will remain a ‘paper tiger’ until internet giants are hit with big fines, according to NSA-contractor turned whistleblower and privacy campaigner Edward Snowden. The General Data Protection Regulation (GDPR) ...
Is money-laundering scandal at Danske Bank the largest in history?
September 27th, 2018
The Russian-speaking caller refused to give a name but the threat was explicit: “Do you really feel you can walk home safely at night?” It was 2013 and officers at the Estonian branch of Danske Bank were beginning to ...
CEO of Denmark bank quits amid an alleged $233 billion money-laundering investigation
September 20th, 2018
The chief executive of Danske, Denmark’s largest bank, resigned Wednesday after a year-long internal investigation into money laundering found $233 billion in suspicious transactions moving through the bank’s tiny branch in Estonia — nearly 10 times larger than that ...
